Active Listings
52
⇧ 33.3% vs 39 last year
Population: 23,123 · Density: 1,143.4/mi² · Median household income: $67,584
Typical home value: $135,087 · Homeownership: 68.2%
Data as of January 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38141) currently shows 52 active listings, with 22 pending sales. Homes are averaging 57 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 57 days on market compared to 29 days last year.
The median listing price has fallen 12% year-over-year, from $209,675 to $184,500.
Whether you are buying or selling in MEMPHIS, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38141 | Memphis, TN 38141 | 0.0 mi | 52 | $9,722,388 | $184,500 | $186,969 |
| 38125 | Memphis, TN 38125 | 3.8 mi | 65 | $27,889,875 | $315,000 | $429,075 |
| 38118 | Memphis, TN 38118 | 4.5 mi | 102 | $14,422,086 | $139,000 | $141,393 |
| 38654 | Olive Branch, MS 38654 | 5.8 mi | 312 | $130,688,064 | $391,950 | $418,872 |
| 38117 | Memphis, TN 38117 | 7.4 mi | 192 | $70,074,240 | $277,500 | $364,970 |
| 38672 | Southaven, MS 38672 | 7.6 mi | 111 | $45,099,411 | $398,450 | $406,301 |
| 38671 | Southaven, MS 38671 | 8.8 mi | 105 | $28,806,855 | $264,900 | $274,351 |
| 38114 | Memphis, TN 38114 | 9.3 mi | 105 | $15,963,990 | $120,525 | $152,038 |
| 38088 | Cordova, TN 38088 | 10.1 mi | 1 | $139,000 | $139,000 | $139,000 |
| 38134 | Memphis, TN 38134 | 11.1 mi | 89 | $21,499,374 | $240,000 | $241,566 |
| 38104 | Memphis, TN 38104 | 11.7 mi | 143 | $49,279,659 | $299,000 | $344,613 |
| 38017 | Collierville, TN 38017 | 11.9 mi | 319 | $222,567,576 | $599,900 | $697,704 |
| 38651 | Nesbit, MS 38651 | 12.0 mi | 85 | $36,966,585 | $395,000 | $434,901 |
As of January 2026, there are 52 active listings in MEMPHIS, TN (zip code 38141), compared to 39 the prior year.
The median listing price in MEMPHIS, TN 38141 is $184,500 as of January 2026, a 12% decrease from $209,675 the prior year.
Homes in MEMPHIS, TN 38141 spend an average of 57 days on the market before going under contract, compared to 29 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MEMPHIS, TN 38141 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 57 days on market compared to 29 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38141 save an estimated $3,690 compared to a typical 5% commission on the median listing price of $184,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.